NairaBET Cash Out: How It Works

Because of the popularity of the newly introduced Cash Out feature on NairaBET, there have been many questions about it. Here are some of the most asked questions.

Question: I Have Been Hearing About NairaBET Cash Out. What Is It All About?

NairaBET Cash Out is the feature that gives you the ability to collect your winnings before the games in your bet have been played or completed. There are different ways you can cash out.

1. When you place your bet but you decide to cancel it. Maybe you changed your mind or you made a mistake. You can cash out. You will get your stake (minus processing fee of about 10%) will be returned to your account.

2. When you place an accumulator and some teams have won and you decide you want your money out because you are afraid one of the bets will still spoil your ticket, you can cash out. Imagine placing an accumulator of 10 games then 8 have won. You can collect your money before the other two have been played.

3. You can also cash out live games. If you bet during a live game and the team you bet on is winning. You can cash out money before the game finishes. Even if the team you selected is losing, you can still cash out some money. The current situation of the game will determine how much you will be offered for cash out.

4. We also have the sweetest kind of cash out. You can bet on a normal game (Pre Match) and when the match starts, the team is losing, you can cash out. For example, let’s say you placed a normal (Pre Match) bet on Chelsea to win. Then the game starts and Chelsea concedes a goal, you can cash out. Or if you selected 5 games, 4 have won and the fifth one starts and the team you bet on is losing, you can cash out. NairaBET is the only company in Africa that has this feature. However, this feature is available only othe major leagues and competitions. The English, Spanish, German, Italian and French leagues. Also included are the UEFA Champions League, the EUROPA League, the Euros and the World Cup. It is available only on 1 X 2 games.

Question: Is Cash Out Available On All Sports?

Yes. On NairaBET, Cash Out is available on all Pre Match and Live games. All the sports.

I Placed An Accumulator. When one of the games were being played, the bet disappearance from the cash out list.

When one of the game out of your normal (Pre Match) accumulator is going on, bet will disappear on the list of Cash Out. When that game ends and your bet is still alive, it shows up again on the Cash Out list.

However, we have the option where you can place a normal (Pre Match) game and will still be available when the match starts. You can cash out as well. That is available only on the English, Spanish, German, Italian and French leagues. Also included are the UEFA Champions League, the EUROPA League, the Euros and the World Cup. It is available only on 1 X 2 games.

I Placed A Live Bet And It Is On The List of Cash Out But It Is Saying Unavailable

This happens when betting generally on a live game has been suspended. If you know about live betting very well, you will know that betting gets suspended sometimes like when there is a goal or when there there is a penalty or some other reasons.

I Placed A Bet And I Cannot Find It On The Cash Out List

After placing a bet, sometimes it might take up to 30 seconds or one minute for it to appear on your Cash Out list. If for any reason it lasts more than that and you still cannot find it, please log out and log in again. It will be there.

Where Will I Find My List of Bets Available For Cash Out?

If you are using the mobile version, please click on my account, you will see Cash Out as one of the listed menus. Click on it and your list of bets that are available for Cash Out will be there. If you are using Computer version, on the top right hand side, you will see either My Bets or Cash Out. Click on it and you will see your list of bets that are available for Cash Out

When Do I Get My Money?

When a Cash Out is successful, any returns are credited to your NairaBET account immediately. You can then bet with it again or request for a payout to your bank account.

Terms and Conditions

Cash Out is available on all events, fixtures and markets both normal (Pre Match) and live betting, on single and multiple bets, for all sports. However, we have the right to remove some games or competitions or sports from the Cash Out offer at anytime without prior notice.

A time delay in accepting a Cash Out request is in place. If a price changes or a market suspends then the Cash Out request may not be successful.

If the Cash Out request is successful, this will be displayed and the bet will be settled immediately. The actual final result of the related market will have no impact on the Cash Out amount.

The Cash Out amount offered at any time is the total amount that will be returned to your account if successful.

Some NairaBET offers will not be applied where the Cash Out feature has been used to close all or part of a bet. See Terms and Conditions for each offer for details.

Any bets that are settled in full or part using Cash Out will not count towards the turnover requirement of any offer.

NairaBET cannot guarantee that the Cash Out feature will be available on your bet selection.

NairaBET will not be responsible if the Cash Out feature is not available for technical reasons and bets will stand as originally placed during any such period.

NairaBET reserves the right to accept or decline any bet/wager requested for any sport, competition, market or bet type that is included in the Cash Out feature.

NairaBET reserves the right to amend, suspend or remove the Cash Out feature at any time for any event, fixture or market. Any bets placed on such events, fixtures or markets will stand as originally placed.

NairaBET reserves the right to reverse the settlement of a Cash Out if the bet or a market is settled in error.

142 Comments

Let assume that I bet on 10teams and 9 have played and I am afraid that the remaing 1 can spoil it then I deceid to use Cash Out…All does game that has played how will you calculate the money returned to me or the game played odds will be calculated for return

Values are calculated using different kinds of algorithms. For example, if there is a likelihood that the last game will spoil your ticket, the money offer will be small. If it is likely like Barcelona playing at home, it will be big. You can always check the your cash out value on the list before you cash out.

I keenly tried this cash out thing but it was wantonly futile. It was only in the immediate time you place your bet that’s when the thing will be there reducing your bet money, then it will later disappear and that’s it.

“cash out” not available is always what the system says when even your first game is imminently loosing and you tried to cash out.

This cash out phenomenal should be truly felt, it’s a good development.

But come to think of it….isnt it better to just play our games and forget about cash out cos u make it complicated…too many rules.. if the cash out is not available wen I monitor a game..y then shud I stay glued waiting wen am not even sure tkt will b put up for cash out? If after booking and I am alerted that my tkt is qualified for cash out b4 the games starts running…I might just stay glued…

N.B: Your new platform is not ok with me and many other persons i have come in contact with at all, Though it looks fine, but it lacks a lot of features, like double chance and under/over goals, the various country leagues and competition is not there like the way it was before, making it difficult for one to know which country a team is from and competition a team is involved in and many others, jst too cumbersome to understand.
Pls u guys should go back to the old platform, or modify this new one very well, by making it carry these very features that are lacking now…

I do really think you should have a different ‘BET CANCELLATION Botton’ on its own !!
This is so necessary bcos often times one mistakenly make bets only to realize his Error EVEN LONG BEFORE THAT GAME/GAMES IS/ARE played !! – Just a suggestion as am sure many clients hv experienced this! Including it wth ‘CASH OUT’ may not be as easy as described for loads of reasons !! Besides as you have mentioned yourself “The Cash-Out Botton doesn’t sometimes work”!

this is nice innovation, but I still want you guys to include a feature that will break down matches by say Next 24hours, 48hours, 72hours. so that you can streamline the period you want to bet on. all other betting website has it.
Thanks

My question goes to the admin, I ve severally experimented the cash out option & I noticed single bets both in play or prematch re never available for cash out and again cash out for accumulated games does not display during live match of any of d selected game, it only appears b4 kick off & never appeared again until match is over. To my understanding cash out options just like foreign bookies does it, appears on interval during live matches with a stipulated amount so that u can cash out at any point in time unless that bet is never available for cash out. If Nairabet want to truly follow cash out option trend, then they should be standard & professional about it.

Admin the cash out is not working in my acct.it only worked once. I played some game last night and 6 played and I wanted to cash out but it was showing me no games available for cash out and the games has not died. User name nene1980

Admin, i placed some accumulated bet and immediately saw cash out, which i did.my question is this what happens with the games i placed? will it still be running and if it all enters will i get my total earnings back?

Hi administration, I placed a bet with my free bet money, and the bet won, I haven’t been able to see the bet since I played it and now it has been won, the money has not appeared too on my bet balance

It is not necessarily the last game in an accumulator slip that ruins the ticket. It could be the 3rd out of let’s say 6 games on one slip. Is it possible to select what game(s) you would want to take out of the slip and keep the rest active or can you cash out with more than a game to go?

My question goes to the admin, I ve severally experimented the cash out option & I noticed single bets both in play or prematch re never available for cash out and again cash out for accumulated games does not display during live match of any of d selected game, it only appears b4 kick off & never appeared again until match is over. To my understanding cash out options just like foreign bookies does it, appears on interval during live matches with a stipulated amount so that u can cash out at any point in time unless that bet is never available for cash out. If Nairabet want to truly follow cash out option trend, then they should be standard & professional about it.why

I have just registered with naira bet of which I have done my registration successfully,my question now is that,if I win how would I transfer my winnings into my acct?because you don’t
have my account number.
I will looking forward to here from you.

Pls I tried using web pay to credit my naira bet aCcount for over three weeks now,the money as not reflected in my Nairabet account oh.but it as been deducted from my bank account.my user name is femisylvafemi. I don’t know what to do right now

Good day nairabet. Pls I have not been using my nairabet account for over a year now due to my faulty laptop. However,I have gotten another means and want to mske use of my nairabet account again but I have forgotten my password even my username,I can’t recall all. Pls what should I do?

Admin, I placed my bets on three games in the stipulated league(england and spain), I wanted to cash out when my first game was going otherwise but to no avail
. Please does this cash really work,? Please I need reply, please dont ignore

Admin, I placed my bets on three games in the stipulated league(england and spain), I wanted to cash out when my first game was going otherwise but to no avail
. Please does this cash really work,? Please I need reply, please dont ignore

Hello admin. I placed a bet on (26-10-2017), but I couldn’t found them on the cash out menu and my staked amount was deducted….
though I was able to view them on bet history(settled) after the match but I didn’t cash out…. About few minutes before the incident happened, I was Also able to view the cash out bets when one game started running… Does it means that I can’t access it until the game is over??.